Bitcoin BTC$65,738 tagged $66,000 after the Oct. 14 Wall Street open as whale-buying pressure fueled already buoyant crypto markets. BTC/USD 1-hour chart. Source: TradingView BTC price surge takes market beyond $66,000 Data from Cointelegraph Markets Pro and TradingView showed BTC price gains nearing 5% for the day. Continuing strength that came toward the end of last week, BTC/USD approached two-week highs […]
Cryptocurrency
Kamala Harris Just Proved She Is The Worst Candidate For Bitcoin: NIKOLAUS
Kamala Harris announced today she is “supporting a regulatory framework for cryptocurrency and other digital assets so Black men who invest in and own these assets are protected.” Nope, that’s not clickbait: Harris’s first specific crypto policy is here, and it’s race-based. As a Bitcoiner, I have to say, this is a huge misstep, and […]
Bitcoin Mining Profitability Fell in September, Jefferies Says
October could be a harder month for the miners as the network hashrate is currently 11% higher while the bitcoin price is up only about 5%, the report said. Bitcoin (BTC) mining profitability fell in September from the month before, as the average price of the world’s largest cryptocurrency was broadly unchanged while the network hashrate rose […]
Bitcoin Begins the Week on a High, Jumps Above $64K
Bitcoin (BTC) jumped above $64,000 in Asian hours Monday on the back of renewed hopes of a China stimulus and increased demand in certain bitcoin-based assets, leading a crypto majors move higher. BTC added 2% in the past 24 hours, data shows, with majors ether (ETH), Solana’s SOL rising 3%. XRP and BNB Chain’s BNB remained flat. The […]
Bitcoin’s indecisiveness could drive investors to SUI, APT, TAO, and WIF
Bitcoin BTC$64,937 recovered sharply from the drop below $60,000 during the week, but the buyers are struggling to sustain the higher levels. Buying on dips and selling on rallies signals the formation of a tight range in the near term. A minor positive is that lower levels are showing solid demand. After three days of outflows, United […]
$500M Bitcoin Buried in Landfill: Man Sues City After Decade-Long Battle for Recovery
James Howells is suing Newport City Council after a decade-long fight to recover a hard drive containing 7,500 bitcoins, now worth nearly $500 million, mistakenly dumped in 2013. The council has repeatedly denied excavation requests, citing environmental concerns. Howells claims the data is recoverable. Council Sued Over Lost $500M Bitcoin Hard Drive James Howells, an […]
Robert Kiyosaki Predicts ‘Everything Crash’: Bitcoin May Drop to $5,000 Amid Market Collapse
Rich Dad Poor Dad author Robert Kiyosaki predicts a catastrophic stock market crash and the collapse of “The Everything Bubble,” warning that gold, silver, and bitcoin will nosedive, triggering a global depression. He urges investors to brace for financial turmoil, saying only the prepared will emerge wealthier from the ruins. “Take bitcoin for example… it may […]
BTC price eyes sub-$65K hurdles as metric hints Bitcoin ‘going to rip’
Bitcoin BTC$62,911 climbed to multi-day highs on Oct. 12 as markets mimicked last weekend’s dubious upside. BTC/USD 1-hour chart. Source: TradingView BTC price grills resistance below key barrier Data from Cointelegraph Markets Pro and TradingView showed BTC price action nearing $63,500, up 1.5% on the day — similar behavior to the weekend prior. BTC/USD made strong progress during the Oct. 11 Wall Street […]
Bitcoin Braces for Further Downside as US Government Prepares to Unload Silk Road Holdings
Bitcoin looks wobbly as the US government prepares to auction off 69,370 bitcoins seized from the Silk Road marketplace. The cryptocurrency market is teetering on the brink of a potential downturn as the US government clears the final legal hurdles to auction off 69,370 bitcoins seized from the defunct Silk Road marketplace. This massive stockpile, […]
Bitcoin Gets a Boost as Mt. Gox Postpones Repayments
Mt. Gox, once the world’s largest Bitcoin exchange until it shut down in 2014 following a series of hacks, has started paying back the billions of dollars in BTC owed to customers. But its deadline for finishing that process has now been delayed, and the price of Bitcoin has been climbing since. Bitcoin is now […]